Peicuti, Cristina - In: European Journal of Comparative Economics 11 (2014) 1, pp. 55-78
The decades preceding the Great Depression and the U.S. subprime mortgage crisis have close similarities. Both decades … mortgage crisis and prevent history from repeating itself to the extent of such large-scale devastating consequences. … institution that could have been avoided. Understanding these analogies help us better identify the causes of the subprime …